The Financial Review reports that Football Federation Australia was able to break even only with the help of a $4 million windfall from hosting the Asian Cup, the organisation’s latest financial accounts reveal. The accounts, recently lodged with the Australian Securities and Investments Commission, show FFA’s operating revenue reached $103.1 million in the year to June…
The deal is worth $1.8 billion to the NRL – 70 per cent higher than the existing rights. With the sale of international and radio rights to come, it is anticipated that the total value of the final package will exceed $1.9 billion. Under the agreement, many of the changes to improve the schedule of…
As Reported by both News Corp and Fairfax, it appears that News will win the rights to Saturday, in what both papers report as part of a likely 1.85 billion rights agreement. News reported that amid marathon talks late Wednesday night, insiders said Fox, Nine and the NRL were close to reaching agreement on the…
The Financial Review reports that restrictions on car sponsorships, due to exclusive arrangements with the leagues naming rights sponsor Hyundai, may soon be at an end. Clubs have reportedly been told they can sign up to One motor company sponsor with a minimum value of $500,000.
Essendon Football Club has recorded a net loss of $1,336,354 for the 2015 financial year. CEO, Xavier Campbell, said despite the loss, the Club was in a strong financial position. “Our financial loss this year is the result of a number of unforeseen costs to the business,” Campbell said. “The loss includes a combination of…
AFL.com.au reports that the WA Government is set to address the surface issues faced by other AFL stadiums by spending up to 8 million on top of the line surface.
Fairfax media is reporting that there was a meeting on Wednesday between NRL club chiefs and the NRL about wide-ranging issues that included funding, the salary cap and changes to the constitution. Storm Chairman Bart Campbell described the latest round of talks as “positive” but it’s said there’s still be a long way to go before the NRL…
Fairfax reports that NRL clubs want their annual grants increased to 130 per cent of the salary cap and changes to the constitution to give them a greater say in the make-up of the ARL Commission.Those are the key points in a list of demands drawn up ahead of a potentially explosive meeting on Wednesday between a delegation…
ARU The NSW Waratahs have extended their partnership with Volvo for another three years. AFL Richmond have signed a three year deal with National Storage who will become their official media polo sleeve partner from 2016, replacing Elegance Tiles Carlton have signed a two year deal with CareerOne. The CareerOne logo will now appear on…
News Limited reports in The Australian that while the NRL clubs are believed to be happy with the ARLC’s offer of an extra $3m over the next two seasons, they want the money to come with no strings attached — there have been suggestions it would be repayable if the clubs failed to sign new…
Richmond Tigers record $500,000 profit The Age reports that while the pain of its third straight elimination final defeat continues to haunt the Richmond psyche, the Brendon Gale-led administration will record its seventh straight profit to the tune of $500,000 for 2015. Having eliminated the last of its debt two years ago, the club now…
Carlton chief Steven Trigg says Blues not in dire situation despite $2 million loss CARLTON is facing a significant challenge as it stares down the barrel of a $2 million loss this year, chief executive Steven Trigg says. The predicted loss is set to be one of the Blues’ biggest in the club’s history, with…
AFL United Petroleum has renegotiated its partnership with Collingwood, extending its commitment for a further five years. (Match ball, VFL sole sponsor) ALeague Central Coast Mariners have secured a partnership with Telstra with the telco becoming the club’s membership partner for at least the next two A-League seasons. Football Federation Australia has partnered with tyre…
News Limited is reporting that from 2016, Sydney FC will need to find new training facilites. The relationship with their currrent provider, Maquarie University has been exacerbated by the signing of recent sponsorship with other educational institutions.
Fairfax media reported on the 14th of October that Mark Evans was halfway through the process of conducting the review into third party payments “We’ve got some improvements that could be made,” Evans said. “I’m testing a few ideas against a few people in the game. Hopefully, in the next few weeks I will be…
On October 14th, News Limited reported that the NRL was set to appoint 4 independent board members, while the NRLs cheif financial officer, Peter Brown, would stand down in order to allow the Titans to feel more like their own entity as the club is prepared for sale. For a more complete summary of the…
Townsville Mayor Jenny Hill is so desperate for federal funding for a new sporting stadium in the North Queensland city, she will consider naming it after Prime Minister Malcolm Turnbull if he allocates money to the project.
Brad Walter writes in Fairfax media about the NRL expansion plans. These evidently include adding sides to the NSW Cup system but not adding new teams to the top tier until the existing 16 sides are standing on their own two feet. “I think our clubs are stronger, there is no question about that, and…